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Asia Roundup: Dollar dips against the yen ,Asian shares dips, Gold steady, Oil prices rise as Israel and Hezbollah exchange strikes-August 26th,2024

Aug 26, 2024 07:04 am UTC| Market Roundups

Market Roundup Singapore Jul Industrial Production 10.1%, -4.3% previous Singapore Jul Industrial Production (YoY) 1.8%, -1.1%forecast, -4.3% previous Looking Ahead Economic Data (GMT) 06:30 Swiss Employment...

America’s Roundup: Dollar falls after Powell endorses September rate cut,Wall Street ends sharply higher, Gold gains ,Oil climbs over 2%

Aug 23, 2024 23:57 pm UTC| Market Roundups

Market Roundup US Jul Core Retail Sales (MoM) 0.3%, -0.2% forecast,-1.3% previous Canada Corporate Profits (QoQ) 1.5% ,0.6% previous Canada Jul Manufacturing Sales (MoM) 1.1% ,-2.1% previous Canada Jun...

Europe Roundup: Sterling steadies ahead of Powell and Bailey speeches, European shares subdued, Gold rises ,Oil poised to end the week lower amid demand concerns-August 23rd,2024

Aug 23, 2024 12:20 pm UTC| Market Roundups

Market Roundup Sweden Jul Unemployment Rate 7.7%, 9.4% previous Looking Ahead Economic Data (GMT) 12:30 US Building Permits 1.396M foecast,1.454M previous 12:30 US Jul Building Permits (MoM) 3.9% previous...

Asia Roundup: Dollar slips against yen as BOJ's Ueda signals potential rate hike, Japan's Nikkei declines, Gold inches up, Oil little changed-August 23rd,2024

Aug 23, 2024 05:16 am UTC| Market Roundups

Market Roundup Japan Jul CPI, n.s.a (MoM) 0.4%, 0.3% previous Japan Jul National Core CPI (YoY) 2.7%,2.7% forecast, 2.6% previous Japan Jul National CPI (YoY) 2.8%,2.8% previous Japan Jul National CPI...

America’s Roundup: Dollar recovers against the euro in ahead of Powell's speech, Wall Street ends lower, Gold slips, Oil prices gain 2%

Aug 22, 2024 22:14 pm UTC| Market Roundups

Market Roundup US Jul Chicago Fed National Activity -0.34,0.03 forecast, 0.05 previous US Jul Continuing Jobless Claims 1,863K ,1,870Kforecast,864K previous US Jul Initial Jobless Claims 232K, 232K forecast, 227K...

Europe Roundup: Pound gains against dollar after UK PMI data, European shares gain, Gold dips , Oil steady as U.S. crude draw supports prices -August 22nd,2024

Aug 22, 2024 12:20 pm UTC| Market Roundups

Market Roundup French Aug Manufacturing PMI 42.1,44.4 forecast 44.0 previous French Aug SP Global Composite PMI 52.7,49.1 forecast 49.1 previous French Aug Services PMI 55.0,50.2 forecast 50.1 previous German...

Asia Roundup: Dollar hovers near two weeks low against yen, Japan's Nikkei touches 3-week high, , Oil prices slip amid demand concerns-August 22nd,2024

Aug 22, 2024 07:04 am UTC| Market Roundups

Market Roundup Japan Aug Manufacturing PMI 49.5,49.8 forecast,49.1 previous Japan Aug Services PMI 54.0,53.7 previous Looking Ahead Economic Data (GMT) 07:15 French Aug Manufacturing PMI 44.4 forecast 44.0...

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Economy

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

President Donald Trump has signed a landmark executive order removing the 25% penalty tariff on Indian goods, signaling a major shift in U.S.India trade relations and global geopolitical alignment. The move functions as...

Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran

U.S. President Donald Trump has signed a new executive order that could impose tariffs of up to 25% on countries that continue to do business with Iran, marking a significant escalation in Washingtons pressure campaign...

U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains

The United States and India have taken a significant step toward a long-anticipated bilateral trade agreement by releasing an interim trade framework aimed at lowering tariffs, reshaping energy ties, and strengthening...

Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

U.S. stocks surged on Friday, posting their strongest session since May 2025, as investors regained confidence following a turbulent week marked by sharp losses in technology shares and uncertainty around the artificial...

Politics

Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges

A federal grand jury has returned an indictment against a 33-year-old Ohio man accused of threatening to kill U.S. Vice President JD Vance during the vice presidents visit to the Ohio region in January, according to the...

New York Legalizes Medical Aid in Dying for Terminally Ill Patients

New York has officially joined a growing number of U.S. states allowing medical aid in dying after Governor Kathy Hochul signed landmark legislation into law on Friday. The new New York medical aid in dying law permits...

Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

China has issued a strong warning to the United States, signaling that any additional arms sales to Taiwan could seriously jeopardize U.S. President Donald Trumps planned visit to China in April. According to a report...

Trump Allows Commercial Fishing in Protected New England Waters

U.S. President Donald Trump has signed a proclamation permitting commercial fishing in a previously restricted marine protected area off the coast of New England, a move that has sparked renewed debate over ocean...

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....